ATP-Funded Green Process Technologies - NIST Advanced ...
ATP-Funded Green Process Technologies - NIST Advanced ...
ATP-Funded Green Process Technologies - NIST Advanced ...
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• Technical completion of <strong>ATP</strong>-funded project<br />
• Progress toward commercialization<br />
• Expected green benefits including reduction of harmful emissions, increased energy<br />
efficiency, reduced petroleum use, and increased recycling of industrial raw<br />
materials<br />
• Availability of some retrospective benefits (realized to date) to increase confidence<br />
in the ongoing commercialization of innovative technologies and the cash flow<br />
estimates for future benefits<br />
IDENTIFICATION OF BENEFITS<br />
This section discusses the logic model of green process technology benefits, the<br />
counterfactual scenario of likely outcomes without <strong>ATP</strong> investments, the distinction<br />
between public and private benefits, and the attribution of benefits to <strong>ATP</strong> and other<br />
public agencies.<br />
Logic Model of <strong>Green</strong> <strong>Process</strong> Technology Benefits<br />
A logic model postulates the flow of benefits from <strong>ATP</strong> investments to key technical<br />
advances or outputs, to green outcomes, and finally to ultimate benefits or impacts<br />
for downstream industry, end users, and society (Figure 1).<br />
On the left side of Figure 1, <strong>ATP</strong> investments are inputs whose impacts are to be<br />
determined. Also on the left side of Figure 1 are secondary inputs (other public<br />
investments), which need to be identified to make fair attribution of public benefits<br />
to <strong>ATP</strong> and to other sources of public funding.<br />
In the center of Figure 1, green outcomes from the commercialization of <strong>ATP</strong>-funded<br />
process technologies are enumerated. Important as these outcomes are, they are not<br />
the ultimate benefits. Instead, outcomes represent innovation results that can, in turn,<br />
be instrumental toward achieving economic and societal benefits or impacts (the right<br />
side of Figure 1). Expected impacts include the following:<br />
• Immediate cost savings to be realized at the same time as increments of energy<br />
conservation, reduced petroleum use, additional recycling, and reduced harmful<br />
emissions are being realized<br />
• Reduced import reliance and reduced price volatility, which also tends to promote<br />
immediate cost savings and industrial competitiveness<br />
• Beneficial health impacts and climate change impacts that have incontrovertible<br />
intrinsic value and can be confidently associated with unspecified but highly<br />
probable and substantial long-term avoided costs<br />
8 <strong>ATP</strong>-FUNDED GREEN PROCESS TECHNOLOGIES